Specifications include, but are not limited to: Financial and Compliance Audits – Each proposal must address itself to the conduct of an audit and expression of an opinion upon The Citadel (the “College”) and The Citadel Trust (TCT) financial statements for the years ended June 30, 2024, 2025, 2026, 2027, and 2028. The proposal must address itself to the conduct of an audit performed in accordance with auditing standards generally accepted in the United States of America, the provisions of Government Auditing Standards issued by the Comptroller General of the United States, and the audit requirements of U.S. Code of Federal Regulations, Title 2, part 200, Subpart F, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“2CFR200”). The audit must include audit procedures to ensure compliance with State laws, rules and regulations that, if not followed, could materially affect the basic financial statements. National Collegiate Athletic Association (NCAA) Agreed-Upon Procedures – Each proposal must address itself to the conduct of the NCAA required annual agreed-upon procedures reporting all applicable revenues, expenses and capital expenditures for or on behalf of a member institution’s intercollegiate athletics programs, including those by any affiliated or outside organization, agency or group or individuals for the years ending June 30, 2024, 2025, 2026, 2027, and 2028. The NCAA financial reporting, including any requirements of the Equity in Athletics Disclosure Act (EADA), must comply with NCAA legislation mandated under provisions of the NCAA Bylaw 3.2.4.15 (Operating and Capital Financial Data Report).
